Mentorship for Real Estate Investors & Developing Woman in the REI Space with Sonia Macias

Sonia Macias is a full-time real estate investor and the founder of The Real Estate InvestHER – a meetup group in Omaha that was built to provide a safe space for women in the real estate industry to come and grow together. She is with us today to talk about her journey in real estate investing and the things she learned along the way. 

Listen now to learn more about Sonia, her passion for education, and how her mentors have helped her get to where she is today!

Key Talking Points of the Episode

00:00 Introduction

02:46 Who is Sonia Macias?

03:26 What is Sonia’s background?

04:10 What made Sonia decide to start with a 7-unit apartment complex?

05:30 Why did Sonia get into real estate investing full-time?

06:05 What kind of projects does Sonia focus on today?

09:55 Why is it important to build a good relationship with your banker?

14:50 Who are the people that can help you win at business?

16:40 What is the importance of continuously building relationships?

18:20 Why do you need mentors if you want to succeed?

21:46 How should people approach the idea of mentorships?

24:54 What makes mentorship a faster path for education?

28:18 How can working with a coach or mentor keep you accountable?

29:21 How can you find the right coach?

30:41 How did Sonia get involved with The Real Estate InvestHER?

34:37 What motivates Sonia? 

37:02 What criteria does Sonia have for her deals?

40:40 How is Sonia finding her deals?

45:15 What is the importance of knowing and understanding your numbers?

47:04 What are Sonia’s daily habits?

49:11 What is the first thing Sonia would do if she had to start over?

51:29 What is Sonia’s BHAG?

53:33 How can you connect with Sonia?

Quotables

“I just love the idea of being able to put an inhabitable house back into the community. I don’t think there should be empty lots and empty buildings sitting there. I think we need to get them back and provide a safe and good home for a family.”

“It’s your banker, your lawyer, your CPA. Those people are going to help you win and they’re gonna help you when you need it the most.”

“If you keep them all and one area goes bad, then you are likely to hurt a lot more, but when you are diversified, then if something is not working out, the other ones will always support the rest of it and it flows much smoother.”

“The more you surround yourself with those people, the more you’re likely to make the right decisions.”

Links

Social Media: Sonia Macias

https://www.instagram.com/investheromaha/

https://www.facebook.com/people/Sonia-G-Macias/100009702279480/